Owner and seller Anthony McKenzie has just sold his development site located on the corner of Merrick Boulevard and 108th Avenue. 107-65/67 Merrick Boulevard has a footprint of 8,410 square feet, due to its zoning the property offers 16,280 buildable square feet “as of right”
Jamaica Tower, LLC whose owners are unknown has exclusively selected Cushman & Wakefield to market The Archer Towers development site located at 163-05/25 Archer Avenue in the heart of Downtown Jamaica. The asking price is listed at $60 million, or $83 per buildable square foot. This
According to a recent market report by Justin Liniado – Associate Director of Multifamily at CPEX, investment sales in the Queens multi-family market saw a year of strong, steady growth in 2015. Rising market rents and a steady increase in condo and commercial transactions has
In February, Queensbeans reported on JLL marketing a development cite for Citigroup for 780,000 square feet of development in Court Square of Long Island City. Now The Real Deal has reported that is has sold to a Queens based developer. Flushing developer Jia Shu Xu of C&G
108-51 Union Hall Street, Jamaica 11433, Plans for Affordable Housing With the attention on luxury and moderate residential developments taking place throughout New York City, the need for affordable housing in the boroughs has not gone unnoticed. In efforts to create more affordable housing, the De Blasio
A 420,000 buildable square foot listing was just put on the market for $24 million in Downtown Jamaica. The building located at 14-707 94th Avenue is being sold by World Wide Food Products as per DNAinfo. The tower is close to the AirTrain station. Recently there
Look out Long Island city, look out Astoria, look out Flushing, because Jamaica is going through a development boom. As Brooklyn’s prices rise they have caused a domino effect and spill over into western Queens such as Long Island City and Astoria.